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GBPUSD has dipped below 1.40, trading at......>

CABLE
CABLE: GBPUSD has dipped below 1.40, trading at session lows as we head into
London dealing.
- The initial move higher ran out of steam in Asia, topping out just above
1.4020, with little GBP fundamental news flow apparent and resistance noted at
1.4032.
- To the downside yesterday's low at 1.3963 provides support.
- UK unit labour costs due to be released today, with BoE Governor Carney set to
speak, however, the subject of the meeting suggests that he may not touch on
MonPol.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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